Last quarter Cabot Oil & Gas (COG) missed analysts' estimates, but it gets a a chance to make up for it when it announces earnings on Tuesday, July 24, 2012.

Expectations

Analysts currently expect Cabot Oil & Gas to come in with earnings of 7 cents per share on revenues of $268.4 million. Estimates range from 4 cents per share to 12 cents per share. Over the past three months, the average estimate has moved down from 14 cents.

Stock Movement

The stock fell $5.21 per share between May 23, 2012 and June 4, 2012. Looking at change over the last three months, from April 23, 2012 and July 18, 2012, the stock price is up $9.95 (33.2%), from $29.96 to $39.91.

Company Fundamental Trends

The company enters this earnings announcement with substantial revenue momentum. The company has averaged year-over-year revenue growth of 24.1% over the last four quarters. Stock Ratings

Analysts are split on Cabot Oil & Gas, but nine of 18 analysts rate it hold. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Last Quarter's Results

In the first quarter, profit rose 42.2% to $18.3 million (9 cents a share) from $12.9 million (6 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 30.2% to $272.1 million from $209 million.

Summary

Reporting Period: 2Q

Date of Release: Tuesday, July 24, 2012

EPS: 7 cents

Revenue Estimate: $268.4 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)